Have you forked over the property tax yet? Well, if you’re planning on paying it then you better get to it, as the deadline is midnight tonight.
There has been a lot of mumbling and grumbling about the property tax over the past year, but the deadline day has finally arrived and according to the Revenue more than 1.2 million householders have already paid the self-assessed tax.
This means around 500,000 households have yet to pay the tax. The deadline for filing the tax via paper and post has already passed which means you’ll have to pay the tax online via the revenue.ie website, or over the phone on 1890 200 255.
But what about the people who just don’t want to pay? What will happen to them? Well, here’s what it says over on the Revenue website.
“If you don’t submit a Return, or contact Revenue to say why you are not liable [for the tax] Revenue will pursue you for this estimated amount of tax using a range of collection options including:
- Mandatory deduction from 1 July 2013 from your employment income, occupational pension or certain Government payments.
- Attachment of your bank account.
- Referral of the debt to a Sheriff or a Solicitor for collection.
- The withholding of any refund of other tax as payment against LPT due.
“Because you have a Revenue debt, you will also not qualify for a Tax Clearance Certificate.
“Self-employed persons or companies will also be liable to a late filing surcharge on Income Tax or Corporation Tax Returns
“Interest charges at 8% per annum apply to late payment of LPT and penalties may also arise.
“Any unpaid LPT attaches to the property and you will not be able to sell it without paying any LPT, interest and penalties due.”
Deadline. Midnight. Tonight. You have been warned…
